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[ Wed, Apr 16th 2025 ]: news4sanantonio

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[ Wed, Apr 16th 2025 ]: abc13

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[ Sun, Apr 13th 2025 ]: MotorTrend

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[ Fri, Apr 11th 2025 ]: Reuters

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[ Fri, Apr 11th 2025 ]: CNN

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[ Fri, Apr 11th 2025 ]: Forbes

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[ Thu, Apr 10th 2025 ]: Forbes

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[ Mon, Apr 07th 2025 ]: Reuters

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[ Fri, Apr 04th 2025 ]: Reuters

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[ Thu, Mar 27th 2025 ]: Fortune

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[ Thu, Mar 27th 2025 ]: Newsweek

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[ Thu, Mar 27th 2025 ]: Reuters

Trump uses 2019 national security probe to justify tariffs on auto imports

Hyundai warns US dealers of possible price hikes amid 25% tariffs

South Korean automaker Hyundai warned U.S. dealers it is evaluating its pricing strategy in the face of forthcoming 25% tariffs on imported vehicles and parts announced by President Donald Trump.

Hyundai has alerted its U.S. dealers about potential price increases on vehicles imported from South Korea, due to the possibility of the U.S. imposing a 25% tariff on such imports. This warning comes in response to a U.S. Commerce Department investigation into whether Chinese manufacturers are circumventing existing tariffs by assembling vehicles in countries like South Korea and Mexico. If the tariffs are applied, Hyundai, which imports about 20% of its U.S. sales from South Korea, might have to raise prices to offset the increased costs. The company is currently assessing the situation and has not yet made a final decision on price adjustments.

Read the Full Reuters Article at:
https://www.msn.com/en-us/money/news/hyundai-warns-us-dealers-of-possible-price-hikes-amid-25-tariffs/ar-AA1C1DBl